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Search Results 0 to 20 of about 21 (some duplicates have been removed)
to expand each growing season. >> chevron is making a multi- million dollar commitment. not to refurbish refineries. the political cost the bay area's biggest oil producer is backing. >> back here, fog free along the coast. this weekend is going to be warmer. we'll also look at detroit weather for the world series. proposition 38 bypasses sacramento, and makes education a real priority- with the funding, to our local schools and the accountability from our local schools... that we'll need to improve student learning in every classroom. so we can stay 47th... or we can choose proposition 38. i'm voting yes on 38... because it makes our children #1. >>> chevron has contributed $2.5 million to a super pac in what appears to be the largest contribution ever by a publicly traded company. chevron donated to the congressional leadership fund earlier in month. the fund works to reelect republicans and is closely linked to speaker john boehner. >> these republicans not surprisingly are usually dedicated to preserving the tax breaks. >> chevron's contribution is legal. the supreme court ruled in 2
in the morning and the warmest day of the up coming weekend >>> chevron says their refinery will be operational early next year. that is nearly three months after a major fire there. the pipe burst causing a fire that sept a huge plume of smoke across the east bay. chevron says the fire had an impact in production. >>> well, apple fans can finely get their hands on one version of the new i pad mini and the latest generation ipad. some of the fanfare was missing today when apple stores first opened their door its. >> 3, 2, 1. [cheers and applause] >> reporter: kicking off the debut. lines long, excitement, high. here at the san francisco store at 8:00 a.m. it was more subdued with the line smaller than the number of apple staff serving those waiting. >> i thought it was going to be longer. i thought it was going to be wrapped around the corner. when the 3 came out it was wrapped around the corner. i was stoked when i saw the line. >> unlike the all size fits all iphone they must choose between the larger and smaller. >> i think i like the mini because i can carry it around. what i want to do is
the bay area, chevron's richmond oil refinery should be fully functional again by early next year. the crude oil unit was devastated by a massive fire back in august. chevron is working on repairs right now, they have been since that fire. the oil company's output was down by more than 100,000 barrels over a year ago. that decrease first blamed on the fire. >>> it is the first saturday in november. that means crab fishing season is underway in northern california. recreation al fishermen will have 12 days to catch those. they are limited to 10 crabs per catch. >>> sesame street's elmo and his civic duty. still to come the puppet-based protest rallying support for public broadcasting. >> the chances of me conceding naturally would be very slim. >>> in this morning's health watch a wake up call for women who want to have babies. >>> this is a special weekend because it is 49 hours long. we are falling back, which typically means temperatures are falling as well. not the case as you'll see in my extended forecast, coming up. both mother and baby. but obesity also makes it harder a wo
today and have not heard back. >> thank you. chevron says today it will take another several months before the refinery is fully functional. the refinery was damaged by a that sk in a pipe. chevron says after the fire the refinery would be plating at reduced capacity throughout the end of the year. >> working on an anonymous tip, police have released surveillance video and today, they arrested a 20-year-old bicyclist they say beat a muni station agent. we showed you the tape, here it is. police say he jumped the gate with his bicycle and when the agent confronted him police say riley kicked the agent in the chest and knocked him down. riley faces three felony charges for battery and mayhem. >> next week we're expecting the jigs zigs about a former elementary school principal accused of hail failing to report suspected child sex abuse. >> right. jurors spent five hours deliberating today. took two votes and told the judge they cannot reach a verdict and that their split was 8-4. they didn't indicate which way they're leaning. most jurors told the judge additional information would no
. >> the one place where news of sandy's arrival it -- >> chevron says it's richmond refinery cock fully back online -- could be fully back online. a fire last august badly damaged the processing unit that is said to be at the heart of operations. during a conference california with analyst, check philosophy says crucial -- executives said crews have been working diligently. or consumer editor has been combing through inspections. sunday night, we will show you hoe corrosion from the crude oil used there may have played a role in the number of refinery accidents and why chevron would not directly comment on them. >>> chevron today reported the 33% decline in its net income for the third quarter. officials pointed to a decline in production and a drop in prices for oil and gas. net income was $5.25 billion, or 2, or $2.69 a share. that compares with $7.83 billion for the third quarter last year. they lost more than $3 today. >>> rise in unemployment and the increasing estimate of costs from superstorm sandy drove stocks lower. dow lost 139 points, nasdaq was off by 37, s & p 500 finished 13 po
at the chevron refinery blank yetting much of the east bay. abc 7 news has the story. >> dan is the mayor of hercules, one of the cities not far from this. a huge fire that the refinery in august. the bay area district since indicated it plans to fine chevron an amount that could reach into hundreds of thousands of dollars. >> the system goes into the general fund. the perception is that those fines are going back to the community. under state law, any penalty goes into the general fund. however, the board provided direction to have the money be spent in the community. >> but there are no guarantees. in 2009, air district collected 515,000 for failing to monitor air quality programs. but in 2008 when air board and county collected $2.2 million from shell, for a carbon monoxide problem, only 10% went to an air quality project at one school. the district hasn't totalled fines yet but the mayor thinks at least half should go to the local community. it may not be 50% but the board says they're working on it. >> we dd resend it. i'sure the board will reconsider putting that in money. >> the bo
to a spiking gas prices. chevron says it is cooperating with state and federal negotiations. chevron has pointed to a corroded pipe as the trigger for that fire. >>> if you bought gas lately, you probably noticed that prices have plummeted. ktvu's maureen naylor found gas at $3.59. well below the record high prices of just below a month ago. >> reporter: a few weeks ago gas averaged $4.68. ant tonight at least here $3.89. aaa expects that downward trend to continue. >> typically i spend maybe $40 a day on gas. >> reporter: because he has to cover the price of gas and commutes from san jose, he pays close attention to gas prices. >> i see it's trending down, it's given me a little more room to breathe. >> reporter: in san francisco the average cost for a gallon is $3.48. in oakland you will pay $3.03. san jose $4.01 and vallejo $3.98. cars lined up at this shop because of the price, $3.59 a gallon. >> cheapest gas in san jose. >> that's why you come here. >> i always come here. >> my wife entirely thinks i'm not very smart that i drive 6 miles to get something that's 6- cents a gallon ch
a new angle on the richmond fire, turns out if chevron has to pay a fine, cities that were hit hardest will not get the money z a story only on abc 7 news tonight. recovery of a young woman who took a tragic fall in yosemite national park. >> world news is coming up next. i'm cheryl jennings. >> from all of us here, thanks for watching we're going live with you great pictures. that is the giants world series trophy and the team arriving back in san francisco a little bit before 4:00 this afternoon. >> look who is holding that. home run king of the series. what a great, great series it was. >> look at how many people. thousands turned out. >>
undecided again just four days before the election. >> chevron says the refunry should be functional again. crews working to repair the unit two months after being damaged by a fire in august. this refunry has seen a sig scant drop since the mayor, rs announced it's earnings dropped 33% but earned $2.69. >> i share. >> still to come at 5:00 a bra heist in palo alto. bras stolen from a store, how it happened. >> looks like people could use a cover up. but there is no cover up here. a live report is coming up. >> i'm sandhya patel looking for the game a big warm up coming that may take temperatures into record territories. i'll have details of the weather coming up. >> and ping pong on the streets of san francisco. the news continues in one minute. we'll be right back. >>> retail business they call it shrinking, the rest of us call it shoplifting. it just happened in a victoria's secret store in the stanford shopping center. the chain has been ripped off of tens of thousands of dollars worth of merchandise. abc 7 news is live in palo alto tonight with the story. >> $11,000 worth of bras stol
. also watching san ramon based chevron the oil giant taking a big hit. their income falling 33% they only made it 5 and 1/4 billion dollars for the quarter. they said the production decline sold oil and gas at lower prices. the bay area people are saying what floor prices. reversing chevron's shares trading lore at three-quarters of a percent. >> looks like the dow is going positive is already up above the 50.1. >> let's go to whether we have erica watching those numbers to the software co- star erica. >> yes james. some spots and the low 40's degrees cooler compared to what was off 24 hours ago. we have locally dense fog for some of our valleys into the afternoon however, how glad i cloud coverage that is in the upper 60s. pretty mild weather i was taken to satellite and radar to explain what is going on in the bay area. we have a weak cold front pushing in from the pacific northwest that explains the cool air we are seeing in some of the locally dense fog. off trucker four shows when the fog will cleared up in my next report. >> good morning we have a lot of slow traffic for
, steve. >>> this morning chevron reported its net income fell 33%. san ramon energy company blames lower oil and gas prices. and production slow down because of planned maintenance and hurricane in the gulf of mexico hurt its bottom line. chevron says it earned $5.25 billion. yesterday exxon mobile reported profits fell 7% there. the 2012 world series champion giants can't rest on their laurels. that is according to sports marketers. they must continue to atrack fans to the ballpark. and capitalize on the brand. they tell the san francisco business times the giants there to avoid the appearance of price gouging. keep season ticketholders happy and remain humble. >> i don't worry about them with that. >>> 6:53. boy a bold luxury theft. what thieves stole and why they only wanted one thing. >>> don't forget you can get ktvu news to go download our ktvu app click the live icon. >>> welcome back to the ktvu channel 2 morning news. live look at the big board. dow jones up a little bit. mostly favorable response to the jobs report. we could see more gains. analyst says the little bump the in t
. we need it now more than ever. chevron's putting more than $8 billion dollars back in the u.s. economy this year. in pipes, cement, steel, jobs, energy. we need to get the wheels turning. i'm p. making real things... for real. ...that make a real difference. ♪ >>> we're back now live in downtown columbus at the beautiful boat house restaurant in confluence park, and voters right here in ohio, may decide the most important presidential race in history. both are trying to woo the voters and score the most electoral votes. the latest snap shot, look at it of the 50% of likely voters support president obama, 47%, choosing mitt romney, the margin of error is 3 percentage points. the lines are burning up. i visited both campaigns. it is sort of a symphony of noise. dayton, ohio, these volunteers are trying to reach everyone they can as the clock ticks towards election day. >> do you ever get distracted by all the people around you calling? >> no, we don't. we talk all the time. and everybody is talking. right now they have all stopped. but no, we talk at the same time and get th
of the gas for his pizza delivery job. aaa expects the prices to continue to drop. >>> chevron said that the oil refinery in richmond shall be fully operational early next year. the fire greatly reduced chevron's capacity and contributed to a fire on the west coast. >>> and some car owners could be getting a refund after and investigation by. epa that 800,000 vehicles overstated their gas mileage of the 2011 and 2013 hyundai and kia support taj -- sportage and rio could it result in millions of dollars in payments to car owners but it could also result in sanctions from the u.s. government. >>> when a man stopped to videotape his son, he caught a amtrak train slam into a utility truck. the man rushed over to the scene and he thought that the two men inside the truck would be dead but instead they survived with hardly a scratch. >> he got out of the truck and i said are you all right. he said i'm fine. i said dude, you're the luckiest man alive right now. >> wow! that train was blaring the horn, the truck driver told the police that he did not notice the train coming. >>> mark mcgire
to an oilfield where companies like chevron having drilling for more than 60 years. but new technology would allow that drilling to expand to places where the oil lies much deeper. 14billion barrels of oil reserves could now finally be accessible in the hills and valleys beyond san ard doe in an area known as the monterey shale. >> these are source rocks for oil and gas. >> reporter: this physicist says shale oil is harder to harvest. you need go down and out horizontally in a technique called fracking. >> now we have technology, enabling technologies, that allow these reservoirs to be produced economically. >> reporter: with oil at almost $90 a barrel, he predicts things are about to change. fast. >> there's just a lot more activity and a lot of that activity is in places where there hasn't been much for a long period of time. >> reporter: in monterey county oil prospectors are knock on the doors of landowners trying to buy up leases. >> now all of a sudden, the people that drilled for oil are more interested in going out and getting these mineral rights for property owners. >> reporter: th
that we see from this company were less. we saw chesapeake selling off much like chevron which it to noted oil production was to the downside. that was another entity named that came under pressure. david: the cool, thank you very much. have a great weekend. we have adam shapiro. many people mad as hell back that with all of this going on the marathon is still going on. liz: let's head to staten island. abuse of power just as people are extraordinarily concerned about getting any power or water. the abuse they are talking about is the usage for the marathon. what are they saying about in staten island? adam: they do not want the marathon to proceed because there is still a pile of debris. this is what somebody's livelihood was. i am looking at a box of old christmas ornaments, there is a child like caught the kind you put your 3-year-old on when you are trying to teach them how to ride, then when you come down here, you have refrigerators and stoves and things like that. they have a red cross truck here. volunteers from staten island have been coming here to help out their own. you are tal
this morning, chevron a big drop in profit in the last quarter down about 33% to $5.25 billion. revenue is down also. missed expectations by around $8 billion. the company had lower natural gas and oil production also higher maintenance costs including the big fire at its richmond refinery. >> linkedin proves it's one of the better social media companies turning a profit of over a couple of million dollars in the recent quarter after a loss the year earlier. markets have modest gains. we had a nice day yesterday so some of the gains baked in early. the dow up only by 5 points right now. nasdaq higher b a fraction as well as the s&p. earnings reports have been poor for the 3rd quarter fourth not looking better. back to you guys. >> thank you, jason brooks with kcbs and cbsmoneywatch.com. >>> new this morning, a couple of die-hard apple fans are lining up for the new ipad mini. this is in san francisco overnight. preorders for the 7.9" tablet sold out in 20 minutes last week. today only the wi-fi version of the mini is on sale. the cellar model hits shelves in time for the holiday shopping season
public. when you see facts like this past week when chevron dumped $2.5 million from its corporate treasuries into super pac, then americans wonder whether elections is for sale, whether government is for sale rather than their votes. >> these numbers for me were just stunning. opensecrets.org say given almost -- we just passed the $2 billion that president barack obama is the candidate who has drawn the most shadow money, this kind of quiet money. supporters, shadow money supporters, $1.1 million. shadow money opposition to the president $74.1 million. and it's shadow money. >> with the amount of money in elections has always been troubling, but the massive amount of spending from corporate and special interest groups, this shadow money in this election is completely demoralizing to me. to bring this issue home, i think about my neighborhood in new haven -- >> we're having a mic problem. we're going to come back with you. i want these insights, but i want my audience to be able to hear it. >> ben, you're a businessman and have a social vision for the world. but this now is a criti
comeau chevron thinks it's reasonable. nobody must see great big dirty including continuous communities. in a number of rochester testified here in new hampshire that this mandate from the epa would cost the communities $250 million, which is wrong. after that on this issue is able to get jeanne shaheen and governor lynch both supporting the actions i took. >> do think the epa is abusing its power? shea-porter: no, i don't. i think our server compromise, the congressman's guinta has abolished the epa. he just voted for the stop the war on collecting you can figure out what that means and start the war on lungs out. he has voted to allow pollutants and senate to keep mercury comes this pretty much removed any protections that we've had in our water and our air. buckley has not been able -- they have not been able to get it through the senate. but the environment is severely under attack. he has a zero from the sierra club and has very, very low scores on pretty much thinks most of of us care about. and why does this matter? think about who started the epa. it was president nixon's becaus
Search Results 0 to 20 of about 21 (some duplicates have been removed)